San Jose, California-based Orchard Supply Hardware president Richard Maltsbarger said the future looks bright for the West Coast chain, especially after a $20 million investment in Northern California stores.

The investment includes a complete rebuild of the Orchard Supply Hardware San Jose – Midtown, which will serve as the flagship of the 73-store chain that stretches from Portland, Oregon, to Southern California.

Great American Group is handling liquidation sales at eight Orchard Supply Hardware locations.

The eight stores, located in Citrus Heights, Fairfield, Huntington Beach, Lone Tree, Long Beach, Midtown, Newark and Vacaville, were approved for liquidation as part of the company's First Day Motions after it filed for Chapter 11 bankruptcy and was acquired by Lowe's as part of an initial stalking-horse bid.

Great American Group won the bidding process to manage the store closing sales and has been managing the eight locations since June 29.